Jeffrey Germagian, Era Key Realty Services-Bay State GroupPhone: (508) 395-0778
Email: [email protected]
Email: [email protected]
While real estate never rests, it's important to know the best times to sell a house. Real estate agents and brokers are constantly watching market trends and metrics like median sales price throughout the year to time their sales perfectly. Seasonal factors can have a significant effect, as do other local and economic conditions.
So, how do you know the best time to sell? Here are some tips for timing a home sale:
Timing your home sale can make a difference of up to 10% in total sale price. This means choosing the right time can help you get a higher asking price, while slower months might force you to choose lower offers.
The best seasons for selling can vary by location, but typically the spring and summer months are the best for house selling. It's most common to put your home on the real estate market during June or July.
There are multiple factors that can determine the "worst" time to sell. Often, the weather has a significant impact. Even in regions with mild winters, buyers are less likely to actively home search in colder seasons.
Another factor is competition and activity in your local market. While this can change every year, working with a real estate agent to track and predict market trends will help you sell even if conditions aren't perfect.
Winter, especially during the holiday season, is a very slow time to sell homes. Cold weather and holiday travel keep potential buyers busy. However, if somebody is considering buying a home in the upcoming spring, they may be browsing listings online from the warmth of their own home. This is one scenario when a "coming soon" listing can give you a competitive edge.
Timing home sales carefully can mean a quicker sale and a higher price, especially if you work with a real estate professional. While the world of real estate is constantly moving and changing, you can keep these guidelines in mind for finding the best time to sell.
Dating back to the 1970s when his father put him in charge of the family real estate business, Jeffrey Germagian has built a longstanding portfolio of real estate transactions and developments. Along the way, he has grown the family’s original company, then known as Baystate Realty, to the elite status it represents today as ERA Key Realty Services.
Although we’ve expanded our real estate offerings and our branding has evolved to represent all of the real estate services that we provide, ERA Key Realty, The Baystate Group still holds true to the honest business practices and principles that Jeffrey’s father set out with decades ago.
Jeffrey manages the Baystate Group which specializes in traditional home resales, land development, and 55 communities.
He lives in Hopedale, MA, and serves the local towns in the area including most suburbs of Boston as well as southwest of Boston. He is a Certified Residential Specialist and is fully licensed as a real estate agent to practice throughout the entire state of Massachusetts.
